1024 Sheridan Ave

Elizabeth City, NJ 07208


 

Price: $975,000

GSMLS:  4045703
Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 9
Baths: 5 Full
Garage: 2-Car
Year Built: 1927
Acres: 0.10
Property Tax: $13,465
Description
Excellent investment opportunity in Elizabeth! This well-maintained 4-family property features four spacious 2-bedroom, 1-bath units with strong rental potential. One unit is currently vacant, offering an excellent opportunity for an owner-occupant or investor to place a new tenant at market rent.The property also features a finished basement with a full bathroom and additional usable space, providing added flexibility and potential. Major improvements include a newer roof with solar panels and updated central air throughout the property.Parking is a major plus, with a 2-car garage and 2 additional off-street parking spaces in the rear. With four desirable units, significant updates, ample parking, and excellent income potential, this property is a great addition to any investment portfolio or an ideal opportunity for an owner-occupant looking to offset housing costs with rental income.Conveniently located near major highways, public transportation, shopping, dining, and other local amenities. Don't miss this opportunity to own a solid income-producing multifamily property in Elizabeth!
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
23
Basement:
Yes - Finished, Partial
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
35X122.05
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Assigned, Detached Garage, On-Street Parking
Parking:
2 Car Width, Additional Parking
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Gas-Natural
Cooling:
4+ Units
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$975,000
Tax Amount:
$13,465
Land Assessment:
$202,500
Build. Assessment:
$465,100
Total Assessment:
$667,600
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4045703
List Date:
08-07-2026
Days On Market:
7
Listing Broker:
ELITE REALTORS OF NEW JERSEY
Listing Agent:
Edwin Devia
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox